Saving For Your Child’s Education
The cost of education continues to rise each year so it is helpful to be aware of some programs that allow parents to save for the cost of their children’s education.
Monthly Archives: March 2017
New Diversification Requirements for Captive Insurance Companies
Last December when Congress passed the Protecting Americans from Tax Hikes Act of 2015, or PATH Act as it is more commonly known, many tax provisions were impacted.
Tax Consequences of Divorce: Part 1 – Alimony and Child Support
Alimony is a payment made to a former spouse under a divorce or separation agreement.
IRS Enforcement of ACA (Obamacare)
In accordance with President Trump’s executive order calling on agencies to ease up on ACA (Obamacare) regulations, the IRS made changes whereby it will not reject a 2016 tax return for processing just because the taxpayer does not indicate their coverage status in Box 61.
Hiring Children in the Family Business
If your kids have been begging you for money and you need a little extra help running the family business, it may be beneficial to the whole family to start putting them to work after school or during the summer.